Iowa Admin. Code r. 265-2.5

Current through Register Vol. 47, No. 11, December 11, 2024

Rule 265-2.5 - Security for loans

The authority may take security for any loan. The form of such security may include but not be limited to one or more of the following:

1. Promissory note.

2. First real estate mortgage.

3. Assignment of option.

4. Assignment of lease.

5. Lien on personal property.

This rule is intended to implement Iowa Code sections 16.5 and 16.5C.

Iowa Admin. Code r. 265-2.5

Amended by IAB April 1, 2015/Volume XXXVII, Number 20, effective 5/6/2015